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EIA News

Less production and more demand have reduced U.S. jet fuel inventories

December 13, 2021

On November 26, U.S. jet fuel inventories were at their lowest level since late 2014, according to data in our Weekly Petroleum Status Report. Refineries produced less jet fuel in October compared with this summer, […]

No Picture
ENB Contributor Column

How will OPEC + meeting dragging on for 13 days impact U.S. Gasoline prices?

December 13, 2021

There are some things that don’t add up in the world, like the knee-jerk reaction to Omicron, how your wife and kids figured out inflation and asked for more money, and the non-decision of OPEC […]

No Picture
ENB Contributor Column

What is going on with the Democrats on capitol hill blaming the oil companies for 25 years of their bad energy policies? 

December 8, 2021

OAN Tipping Point with Kara McKinney and Jay R. Young, CEO, King Operating Corporations, talk about the Democrat Hearings on oil. Thank you Kara McKinney and the OAN team for having a great discussion about […]

No Picture
ENB Contributor Column

What is your number one rule of investing? Is it follow the money and not the latest Covid Variant?

November 30, 2021

The latest price drop on oil and gas has caused quite a stir in the energy markets. There are still a couple of standards that we have to follow. Men should listen to their wives […]

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EIA News

U.S. consumption and production of natural gas decreased while exports grew in 2020

November 2, 2021

U.S. natural gas production and consumption decreased in 2020 because of mild winter weather and the COVID-19 pandemic’s effect on demand, according to our recently released Natural Gas Annual. Less natural gas was consumed in […]

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EIA News

EIA forecasts U.S. winter natural gas bills will be 30% higher than last winter

October 25, 2021

In our latest Winter Fuels Outlook, we forecast that U.S. households that primarily use natural gas for space heating will spend an average of $746 on heating this winter (October–March), which is $172, or 30%, […]

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EIA News

Azerbaijan has increased natural gas production and added a connection to Europe

October 13, 2021

Azerbaijan, a Eurasian country at the border of Eastern Europe and western Asia, increased its production of natural gas by 36%, or more than 200 billion cubic feet (Bcf), between 2017 and 2019. In addition, […]

No Picture
EIA News

EIA expects U.S. households to spend more on energy this winter

October 13, 2021

In our Winter Fuels Outlook, to be released later today, we forecast that U.S. households will spend more money on energy this winter than last winter, especially households that primarily heat with propane or heating […]

No Picture
EIA News

Azerbaijan has increased natural gas production and added a connection to Europe

October 12, 2021

Azerbaijan, a Eurasian country at the border of Eastern Europe and western Asia, increased its production of natural gas by 36%, or more than 200 billion cubic feet (Bcf), between 2017 and 2019. In addition, […]

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EIA News

EIA projects nearly 50% increase in world energy use by 2050, led by growth in renewables

October 8, 2021

In our International Energy Outlook 2021 (IEO2021) Reference case, we project that, absent significant changes in policy or technology, global energy consumption will increase nearly 50% over the next 30 years. Although petroleum and other […]

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